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PSTG Stock Forecast: Pure Storage Inc. Price Predictions for 2026

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$69.17

+1.17 (1.72%)

PSTG Stock Forecast 2026-2027

$69.17
Current Price
$22.86B
Market Cap
20 Ratings
Buy 15
Hold 4
Sell 1
Wall St Analyst Ratings

Distance to PSTG Price Targets

+51.8%
To High Target of $105.00
+30.1%
To Median Target of $90.00
-8.9%
To Low Target of $63.00

PSTG Price Momentum

+6.6%
1 Week Change
+10.4%
1 Month Change
+71.4%
1 Year Change
+3.2%
Year-to-Date Change
-31.2%
From 52W High of $100.59
+74.1%
From 52W Low of $39.72
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Latest PSTG Stock Price Targets & Analyst Predictions

Based on our analysis of 40 Wall Street analysts, PSTG has a bullish consensus with a median price target of $90.00 (ranging from $63.00 to $105.00). The overall analyst rating is Strong Buy (8.3/10). Currently trading at $69.17, the median forecast implies a 30.1% upside. This outlook is supported by 15 Buy, 4 Hold, and 1 Sell ratings.

The most optimistic forecast comes from Samik Chatterjee at JP Morgan, projecting a 51.8% upside. Conversely, the most conservative target is provided by David Vogt at UBS, suggesting a 8.9% downside.

Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.

PSTG Analyst Ratings

15
Buy
4
Hold
1
Sell

PSTG Price Target Range

Low
$63.00
Average
$90.00
High
$105.00
Current: $69.17

Latest PSTG Stock Forecasts by Analyst

These are the latest 20 analyst ratings and price targets for PSTG.

Date Firm Analyst Rating Change Price Target
Apr 16, 2026 JP Morgan Samik Chatterjee Overweight Maintains $80.00
Mar 9, 2026 Northland Capital Markets Nehal Chokshi Outperform Upgrade $81.00
Feb 26, 2026 UBS David Vogt Sell Maintains $63.00
Feb 26, 2026 Barclays Tim Long Equal-Weight Maintains $81.00
Feb 26, 2026 Wells Fargo Aaron Rakers Overweight Maintains $90.00
Feb 23, 2026 Wedbush Matt Bryson Outperform Reiterates $100.00
Feb 19, 2026 Evercore ISI Group Amit Daryanani Outperform Maintains $90.00
Feb 17, 2026 Citigroup Asiya Merchant Buy Maintains $90.00
Dec 3, 2025 UBS David Vogt Sell Maintains $60.00
Dec 3, 2025 Susquehanna Mehdi Hosseini Neutral Downgrade $100.00
Dec 3, 2025 Lake Street Eric Martinuzzi Buy Maintains $92.00
Dec 3, 2025 Needham Mike Cikos Buy Reiterates $100.00
Dec 3, 2025 Wedbush Matt Bryson Outperform Maintains $100.00
Dec 3, 2025 Barclays Tim Long Equal-Weight Maintains $77.00
Dec 3, 2025 JP Morgan Samik Chatterjee Overweight Maintains $105.00
Dec 3, 2025 Citigroup Asiya Merchant Buy Maintains $105.00
Nov 17, 2025 Morgan Stanley Erik Woodring Equal-Weight Maintains $90.00
Nov 17, 2025 JP Morgan Pinjalim Bora Overweight Maintains $110.00
Nov 17, 2025 Oppenheimer Param Singh Outperform Initiates $120.00
Oct 21, 2025 Citigroup Asiya Merchant Buy Maintains $110.00

Pure Storage Inc. (PSTG) Competitors

The following stocks are similar to Pure Storage based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.

Pure Storage Inc. (PSTG) Financial Data

Pure Storage Inc. has a market capitalization of $22.86B with a P/E ratio of 123.3x. The company generates $3.66B in trailing twelve-month revenue with a 5.1% profit margin.

Revenue growth is +9.8% quarter-over-quarter, while maintaining an operating margin of -18.5% and return on equity of +13.7%.

Valuation Metrics

Market Cap $22.86B
Enterprise Value $21.81B
P/E Ratio 123.3x
PEG Ratio 0.9x
Price/Sales 6.1x

Growth & Margins

Revenue Growth (YoY) +9.8%
Gross Margin +69.9%
Operating Margin -18.5%
Net Margin +5.1%
EPS Growth +20.4%

Financial Health

Cash/Price Ratio +5.4%
Current Ratio 1.6x
Debt/Equity 127.4x
ROE +13.7%
ROA +1.7%
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Pure Storage Inc. logo

Pure Storage Inc. (PSTG) Business Model

About Pure Storage Inc.

What They Do

Provides enterprise-grade all-flash data storage solutions.

Business Model

The company generates revenue by selling innovative data storage hardware and software, including its flagship FlashArray products. Additionally, it offers subscription-based storage-as-a-service models, allowing organizations to manage their data storage needs more efficiently while reducing operational costs.

Additional Information

Founded in 2009, Pure Storage is recognized as a leader in the enterprise storage market, focusing on high performance, reliability, and scalability. Its solutions are designed to meet the demands of data-intensive workloads and artificial intelligence applications, ensuring security, compliance, and sustainability for its clients.

Company Information

Sector

Technology

Industry

Computer Hardware

Employees

6,400

CEO

Mr. Charles H. Giancarlo

Country

United States

IPO Year

2015

Pure Storage Inc. (PSTG) Latest News & Analysis

Featured Analysis
Powered by Zacks Investment Research

Everpure (PSTG) Exceeds Market Returns: Some Facts to Consider

The latest trading day saw Everpure (PSTG) settling at $64.89, representing a +1.39% change from its previous close.

Apr 15, 2026 By Zacks Equity Research Tale of the Tape

TTEC vs. PSTG: Which Stock Is the Better Value Option?

TTEC vs. PSTG: Which Stock Is the Better Value Option?

Apr 13, 2026 By Zacks Equity Research Tale of the Tape

Everpure (PSTG) Stock Sinks As Market Gains: What You Should Know

Everpure (PSTG) closed at $60.19 in the latest trading session, marking a -3.31% move from the prior day.

Apr 09, 2026 By Zacks Equity Research Tale of the Tape

Latest News

PSTG stock latest news image
Quick Summary

Everpure (PSTG) closed at $64.89, reflecting a 1.39% increase from the prior day's closing price.

Why It Matters

Everpure's 1.39% price increase indicates positive market sentiment, potentially signaling strong demand or confidence in the company, which may influence investor decisions.

Source: Zacks Investment Research
Market Sentiment: Neutral
PSTG stock latest news image
Quick Summary

Investors often focus on major tech stocks, notably NVIDIA (NVDA) and Apple (AAPL), which are among the largest and most popular companies in the sector.

Why It Matters

The focus on the Magnificent Seven tech stocks highlights major investment trends, indicating potential for high returns and market volatility influenced by these dominant players.

Source: MarketBeat
Market Sentiment: Positive
PSTG stock latest news image
Quick Summary

Investors are comparing TTEC Holdings (TTEC) and Everpure (PSTG) in the Technology Services sector to assess which stock presents better value opportunities.

Why It Matters

The comparison between TTEC and Everpure highlights potential investment opportunities, helping investors identify which stock may provide better returns in the technology services sector.

Source: Zacks Investment Research
Market Sentiment: Neutral
PSTG stock latest news image
Quick Summary

Wall Street analysts' recommendations influence investor decisions on stocks. Changes in their ratings can significantly impact stock prices.

Why It Matters

Analyst ratings directly influence stock prices, impacting investment decisions. Changes in these recommendations can lead to significant market movements, affecting portfolio value.

Source: Zacks Investment Research
Market Sentiment: Neutral
PSTG stock latest news image
Quick Summary

Everpure (PSTG) closed at $60.19, down 3.31% from the previous day in the latest trading session.

Why It Matters

A 3.31% drop in Everpure's stock price may indicate negative market sentiment, impacting investor confidence and potential future performance.

Source: Zacks Investment Research
Market Sentiment: Negative
PSTG stock latest news image
Quick Summary

Everpure (PSTG) is attracting significant interest from Zacks.com users, prompting an analysis of its future performance for potential investors.

Why It Matters

Increased user interest in Everpure (PSTG) indicates potential stock volatility or growth, prompting investors to reassess their positions and strategies.

Source: Zacks Investment Research
Market Sentiment: Positive

Frequently Asked Questions About PSTG Stock

What is Pure Storage Inc.'s (PSTG) stock forecast for 2026?

Based on our analysis of 40 Wall Street analysts, Pure Storage Inc. (PSTG) has a median price target of $90.00. The highest price target is $105.00 and the lowest is $63.00.

Is PSTG stock a good investment in 2026?

According to current analyst ratings, PSTG has 15 Buy ratings, 4 Hold ratings, and 1 Sell ratings. The stock is currently trading at $69.17. Always conduct your own research and consider your investment goals before making investment decisions.

What is the long-term price prediction for PSTG stock?

Wall Street analysts predict PSTG stock could reach $90.00 in the next 12 months. This represents a 30.1% increase from the current price of $69.17. Please note that this is a projection by Wall Street analysts and not a guarantee.

What is Pure Storage Inc.'s business model?

The company generates revenue by selling innovative data storage hardware and software, including its flagship FlashArray products. Additionally, it offers subscription-based storage-as-a-service models, allowing organizations to manage their data storage needs more efficiently while reducing operational costs.

What is the highest forecasted price for PSTG Pure Storage Inc.?

The highest price target for PSTG is $105.00 from Samik Chatterjee at JP Morgan, which represents a 51.8% increase from the current price of $69.17.

What is the lowest forecasted price for PSTG Pure Storage Inc.?

The lowest price target for PSTG is $63.00 from David Vogt at UBS, which represents a -8.9% decrease from the current price of $69.17.

What is the overall PSTG consensus from analysts for Pure Storage Inc.?

The overall analyst consensus for PSTG is bullish. Out of 40 Wall Street analysts, 15 rate it as Buy, 4 as Hold, and 1 as Sell, with a median price target of $90.00.

How accurate are PSTG stock price projections?

Stock price projections, including those for Pure Storage Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.

Important Disclaimer

The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.

Last updated: April 22, 2026 2:09 PM UTC
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